Exam (elaborations)
BNAD 301 Final Exam with Questions and Answers
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BNAD 301 Final Exam with Questions and Answers The current Fed chair is: (A) Bernanke (B) Greenspan (C) Mnuchin (D) Powell (E) Volcker (AB) Yellen ANSWER D If the nominal interest rate is 5%, and the inflation rate is 2%, then the real rate of interest is: (A) -3%. (D) 5%. (B) 2%. (E) 7%. (C) 3%. (AB) 10% ANSWER C Who receives the excess profits that the Federal Reserve Bank earns from printing money? (A) The Fed chair. (B) The U.S. Treasury. (C) The Social Security Trust Fund. (D) The private banks who choose to be members of the Federal Reserve system. (E) No one; the Federal Reserve Bank rarely earns a net profit. (AB) No one; statute requires that any profits be spent to increase the gold reserves of the U.S.
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Institution
BNAD 301
Course
BNAD 301
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Written for
- Institution
- BNAD 301
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- BNAD 301
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- Uploaded on
- January 28, 2026
- Number of pages
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- Written in
- 2025/2026
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bnad 301 final exam with questions and answers
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